507. Consumer Retrenchment or Reallocation, AI Impact on GTM and Purchase Decisions, How to Balance Consumer Sentiment vs. Behavior, and Where Smaller Funds Win (Natalie Dillon)

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified · Apr 27, 2026 · 35m

Natalie Dillon of Maveron joins Nick to discuss Consumer Retrenchment or Reallocation, AI Impact on GTM and Purchase Decisions, How to Balance Consumer Sentiment vs. Behavior, and Where Smaller Funds Win. In this episode we cover:

Investing in the Older Adult Category

Challenges for Smaller Funds in Venture Capital

Consumer Investing and Market Trends

Participation as a Product and Consumer Creators

AI's Impact on Venture and Marketplaces

Distribution and Go-to-Market Strategies

Balancing Portfolio Construction and Ownership

Guest Links:

Natalie's LinkedIn

Natalie's X

Maveron's LinkedIn…